Business IT

Bangko Sentral ng Pilipinas governor Benjamin Diokno said the central bank is putting a cap on the initial set of digital banking players as it wants to observe first the operations of these entities.

Converge ICT is also linking the other islands in the Visayas region such as Panay, Negros, Leyte, and Bohol to its national backbone.

The fiber broadband firm has named Christine Renee Blabagno as deputy chief finance officer and lawyer Laurice Esteban-Tuason as corporate compliance officer.

Bangko Sentral ng Pilipinas governor Diokno said he wants the Philippines to become a digital-heavy, cash-light society to help achieve inclusive growth.

The internal mobile number portability (MNP) capability covers all postpaid to prepaid, prepaid to postpaid, and prepaid to prepaid customer movements within Globe and TM brands.

Issa Guevarra-Cabreira assumes her new role after Albert de Larrazabal, who has been nominated to Ayala Corporation as its new chief finance officer.

The Electronic Simplified Processing of Application for Registration of Company (eSPARC) is expected to facilitate faster and easier registration of corporations in the country.

The Ayala-owned telco said it also working to finalize the interconnection of fixed landline service with Dito.

Globe said it beat Smart across 10 out of 17 regions in the Philippines in terms of mobile download speed. Smart, on the other hand, said it captured the title as the country’s fastest mobile network for the third year running.

The Securities and Exchange Commission (SEC) said it will allow corporations enrolled in the newly launched Online Submission Tool (OST) to submit electronically signed annual financial statements (AFS) while Metro Manila and nearby provinces remain under enhanced community quarantine.